FIND501(c)(7) · MEDIUMNAICS 713910EIN 34-4232440
Findlay Country Club
Findlay, OH · founded 1942
12 filings on recordFY 2012–2023medium confidence
Compare to peers →FY23 Total Revenue
$2.73M
▼ 1.3% YoY
FY23 Total Expenses
$2.75M
▲ 16.4% YoY
Operating Margin
-0.7%
revenue minus expenses ÷ revenue
Employees
166
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2023 · as filed
Revenue
$2.7M
▲ 20.3% / 5y
Expenses
$2.8M
▲ 15.0% / 5y
Total Assets
$6.1M
▼ 2.8% / 5y
Total Liabilities
$3.1M
▼ 25.9% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $2.3M | $2.5M | $2.5M | $2.8M | $2.7M | +20.3% |
| Expenses | $2.4M | $2.2M | $2.2M | $2.4M | $2.8M | +15.0% |
| Net surplus | -$119K | $374K | $374K | $404K | -$18K | -85.1% |
| Total assets | $6.2M | $5.6M | $5.6M | $6.2M | $6.1M | -2.8% |
| Total liabilities | $4.2M | $3.3M | $3.3M | $3.1M | $3.1M | -25.9% |
| Net assets | $2.1M | $2.3M | $2.3M | $3.1M | $3.0M | +43.6% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|---|---|
CHAD BAIN COO· 40h/wk | $174,730 | $13,243 |
BRIAN HEYDINGER HEAD OF GROU· 40h/wk | $105,596 | $3,152 |
+ 10 unpaid officers/directors as reported (ANDREW RITZ, ANNE WELLS, CHARLES STUMPP JR, +7 more)
Top contractors
FY23 · vendors paid $100k+ as reported
No contractors reported.
Revenue by activity
FY23 · dues, greens fees, dining, and other sources
| Line item | Amount |
|---|---|
| MEMBERSHIP DUES | $2,336,149 |
| CART RENTAL | $158,175 |
| GUEST FEES - NONMEMBER | $146,105 |
| LOCKER RENTAL | $115,877 |
| GUEST FEES | $87,911 |
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
$1.8M
▼ $109K paid down
Net land, buildings & equipment
$4.3M
book value, net of depreciation
Facility age
63%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
Operating expenses
FY23 · Form 990, Part IX
| Insurance | $5,892 |
| Occupancy | $529,009 |
| Depreciation & depletion | $207,201 |
| Information technology | $53,084 |
| Office expenses | $28,513 |
| Accounting fees | $13,900 |
| Other professional fees | $64,012 |
FFounded in 1942, Findlay Country Club reported $2.73M of revenue for FY23, at an operating margin of -0.7%. Revenue moved down 1.3% against the prior posted return. Every figure on this page is drawn from the club’s Form 990 as filed; a dash marks a value the filing did not report.
Source documents
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